Modern Thread India Q2 FY27 Consolidated Net Profit Rs. 559.73 Lakhs
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 14 Nov 2026, 04:13 PM IST · BSE ID: 90d97365-f581-4101-985f-f5041d8cd17f
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported its latest quarterly financial results, showing profit and revenue, but auditors highlighted some accounting concerns.
🤖 AI Summary
- Modern Threads (India) Ltd. approved Q2 FY27 consolidated financial results on November 14, 2026.
- Consolidated net profit for Q2 FY27 was Rs. 559.73 Lakhs, with half-year net profit at Rs. 1,147.71 Lakhs.
- Revenue from operations for Q2 FY27 reached Rs. 10,704.02 Lakhs, and Rs. 19,365.71 Lakhs for the half year.
- Auditors noted unprovided interest (dividend) on preference shares of Rs. 9.10 Lakhs for the quarter and Rs. 18.11 Lakhs for the half year.
- Trade payables and receivables balances are subject to confirmation, with potential adjustments not ascertainable.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Revenue from Operations (Q2 FY27)
Rs. 10,704.02 Lakhs
37.82%
Net Profit After Tax (Q2 FY27)
Rs. 559.73 Lakhs
142.10%
Earnings Per Share Basic (Q2 FY27)
Rs. 1.61
114.67%
Revenue from Operations (Half Year FY27)
Rs. 19,365.71 Lakhs
31.26%
Net Profit After Tax (Half Year FY27)
Rs. 1,147.71 Lakhs
402.66%
Earnings Per Share Basic (Half Year FY27)
Rs. 3.30
334.21%
🏢 How This Affects the Company
The company's textile manufacturing business generated Rs. 10,704.02 Lakhs in revenue from operations for Q2 FY27, indicating ongoing business activity.
Consolidated net profit was Rs. 559.73 Lakhs for Q2 FY27, with total comprehensive income at Rs. 535.73 Lakhs. However, Rs. 9.10 Lakhs in preference share interest was not provided for in the quarter.
Auditor qualifications regarding unprovided cumulative interest (dividend) on redeemable preference shares (Rs. 1101.98 Lakhs) and unconfirmed trade balances introduce financial reporting uncertainty.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance and the auditor's qualified opinion on the financial statements.
🔍
Management Signal
Management is actively engaged in the process of settlement for remaining redeemable preference share capital, which impacts the unprovided interest.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 results — observe if auditor qualifications persist regarding preference share interest.
Annual audit report for FY27 — check for resolution of trade payable/receivable confirmations.
Any further intimations regarding the settlement process for redeemable preference shares.
HIGH RISK
Auditor qualifications regarding unprovided liabilities and unconfirmed balances indicate significant financial reporting risk.
💡 Investor Takeaway
Modern Thread India reported Q2 FY27 consolidated net profit of Rs. 559.73 Lakhs on revenue of Rs. 10,704.02 Lakhs. Auditors qualified the results due to Rs. 9.10 Lakhs unprovided preference share interest for the quarter and unconfirmed trade balances. These issues were also noted in prior periods.
⚖️ Strengths & Concerns
✅ Positives
- Consolidated Revenue from Operations for Q2 FY27 increased to Rs. 10,704.02 Lakhs from Rs. 7,767.40 Lakhs in Q2 FY26.
- Consolidated Net Profit after Tax for Q2 FY27 rose to Rs. 559.73 Lakhs compared to Rs. 231.11 Lakhs in Q2 FY26.
⚠️ Concerns
- The company has not provided for interest (dividend) on cumulative redeemable preference shares, totaling Rs. 1101.98 Lakhs up to September 30, 2026.
- Balances of trade payables and trade receivables are subject to confirmation and consequential adjustments, with the impact not ascertainable.
❓ Frequently Asked Questions
What was Modern Thread India's consolidated net profit for Q2 FY27?
Modern Thread India's consolidated net profit after tax for the quarter ended September 30, 2026 (Q2 FY27) was Rs. 559.73 Lakhs.
What was Modern Thread India's revenue from operations in Q2 FY27?
The consolidated revenue from operations for Modern Thread India in Q2 FY27 was Rs. 10,704.02 Lakhs.
What auditor qualifications were noted in Modern Thread India's Q2 FY27 results?
Auditors noted the non-provision of Rs. 9.10 Lakhs interest (dividend) on cumulative redeemable preference shares for Q2 FY27 and unconfirmed balances of trade payables and receivables.
What is the cumulative unprovided interest on preference shares for Modern Thread India?
The cumulative unprovided interest (dividend) on redeemable preference shares for Modern Thread India totals Rs. 1101.98 Lakhs up to September 30, 2026.
Which subsidiary's results are included in Modern Thread India's consolidated financials?
The consolidated financial results include the unaudited financials of Modern Woollens UK Limited, a wholly-owned foreign subsidiary.
Questions based on this BSE filing only. For information purposes.